Obama Announces New Regulatory Reform Proposals


President Barack Obama on Wednesday presented a plan for regulatory reforms in the financial services industry. The details of the plan were revealed in an 89-page Treasury Dept. report titled Financial Regulatory Reform: A New Foundation.

 

 

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Getting leases in line

ASC Topic 842 is a relatively simple standard that can mean profound changes for organizations with leases. This report examines what makes this standard challenging and describes new ways for CPAs to add value.